Introduction: E-commerce covers all kinds of business transactions via computer networks. It mirrors a change in outlook driven by two essentials that is a wide reach of converging development in technology and the development of the knowledge economy. E-commerce is perceived as the creation, appropriation, promotion, deal, or conveyance of Read more…
Introduction: The human civilization’s first-ever recorded practice of taxing goods dates back to Egypt in 3000 BC. The goods which were taxed, then and now are simply perceived as real, tangible, or physical commodities that we can distinguish from our senses. But with the advancement of Information and Technology, the Read more…
Introduction: A nexus is a relationship or a bond between two or more entities. In tax law, it is a relationship between a taxing authority, such as a state, and a corporation. A nexus must exist before a taxing authority can impose a tax on an entity and requires that Read more…
Introduction: On 1st October, 1998 the US government enacted the Internet Tax Freedom Act (ITFA) with the intent to further promote and develop the internet technology. The ITFA put a bar on the states and the localities from imposing taxes on internet access. This law placed a moratorium on the Read more…